Finance1 min read

Acutaas Chemicals among 5 stocks hitting 52-week highs; rallied up to 18% in a month

By · Published by Everything Blog

In short

Five distinct companies within the BSE 500 index successfully punched through their previous 12-month ceilings following substantial rallies over the preceding thirty days. PVR Inox led the pack by surging 18 percent to reach Rs 1,516.65, while Acutaas Chemicals climbed roughly 15 percent to hit Rs 3,977. Additional peaks were achieved by The Indian Hotels Company, Piramal Pharma, and Sona BLW Precision Forgings, each securing impressive monthly gains between 9 and 13 percent despite the prevailing market weakness.

Key points

  • Five different equities from the BSE 500 index managed to buck the broader market downtre…: Five different equities from the BSE 500 index managed to buck the broader market downtrend to hit new annual peaks.
  • Increased market activity and sustained investor interest drove these specific equities t…: Increased market activity and sustained investor interest drove these specific equities to their highest price points in twelve months.
  • Several major companies secured monthly gains ranging between nine and eighteen percent p…: Several major companies secured monthly gains ranging between nine and eighteen percent prior to reaching their new milestones.

Sources checked by our analysis pipeline: 1

On Wednesday, the benchmark Sensex fell 352 points to close at 73,246. Despite the market decline, five stocks from the BSE 500 index touched fresh 52-week highs, marking their highest price levels in the past year. A 52-week high represents the highest price at which a stock has traded over the preceding 12 months and may indicate increased market activity and investor interest.

iStock

2/6

PVR Inox

New 52-week high: Rs 1516.65| CMP: Rs 1444.6. In the last one month, the stock has gained about 18%.

ETMarkets.com

3/6

Acutaas Chemicals

New 52-week high: Rs 3977| CMP: Rs 3706.5. In the last one month, the stock has gained about 15%.

ETMarkets.com

4/6

The Indian Hotels Company

New 52-week high: Rs 815.25| CMP: Rs 807. In the last one month, the stock has gained about 13%.

Agencies

5/6

Piramal Pharma

New 52-week high: Rs 235.45| CMP: Rs 232.8. In the last one month, the stock has gained about 13%.

6/6

Sona BLW Precision Forgings

New 52-week high: Rs 884.25| CMP: Rs 880. In the last one month, the stock has gained about 9%.

Original source: economictimes.indiatimes.com

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